JuanHand, the leading fintech lending platform in the Philippines, has been awarded the Green Flag status by the Filipino Fair Loans Advocacy Group (FILFLAG), one of the largest borrower associations in the country.
The Green Flag distinction is given only to online lending platforms (OLPs) that meet FILFLAG’s strict standards for transparency, fairness, and responsible lending. JuanHand was recognized for its reasonable interest rates, clear and transparent repayment terms, ethical collection practices and full compliance with regulatory guidelines.
“We are honored and grateful to receive this recognition from FILFLAG,” said Francisco Roberto “Coco” D.C. Mauricio, president and chief executive officer of WeFund Lending Corp. (JuanHand). “It helps validate what we have been advocating and practicing from the onset: providing financial services in a dignified, compliant and courteous manner, enabled by cutting-edge AI. We deeply value this recognition from FILFLAG as it’s a testament that Filipinos can choose a trusted, credible and proven online lending brand for their basic financial needs. We will strive to work closely with consumer advocacy groups such as FILFLAG to promote responsible lending and ensure borrowers do not fall prey to numerous predatory and illegal lenders out there,” he stated.
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